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|   | (ix) | Repossession or Political Risk Insurance: if reasonably required by Lessor or if reasonably required of Lessor by Owner or the Financing Parties’ Representative, repossession
or political risk insurance, as the case may be, shall be obtained by Lessor at Lessee’s cost, provided that repossession or political risk insurance, as the case may be, will not be required if the Habitual Base and the State of Registry are
not being changed or if the proposed new Habitual Base and the State of Registry are both within states which are now members of the European Union, the United States or Canada. If repossession or political risk insurance is required, the Permitted
Sub-Lease must provide that, if any such repossession or political risk insurance, as the case may be, cannot be obtained or renewed, a termination event will occur pursuant to which the Permitted Sub-Lease will terminate upon notice by Lessor to
Lessee or the Permitted Sub-Lessee of an inability to procure repossession or political risk insurance, as the case may be;  |

  


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